Stronger Sell Today ONDK ranks #4473 as SELL CANDIDATE #4473 Weaker Sell

ONDK stock forecast On Deck Capital Inc

ONDK stock forecast

VOLUME
Sell
TREND
Sell
MV LONG
Sell

MV SHORT
Buy

PIVOT
Sell

MACD
Sell

ONDK Forecast and Technical Stock Analysis

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Sell candidate since 2019-06-24 Loss -3.88%

On Deck Capital Inc fell by -0.50% in the last day ( Friday, 19th Jul 2019 ) from $3.98 to $3.96 During the day the stock fluctuated 2.43% from a day low at $3.91 to a day high of $4.00. The price has been going up and down for this period, and there has been a -2.22% loss for the last 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -121 706 shares and in total 274 121 shares bought and sold for approximately $1.09 million.

Quick summary:

  • 30 day high of the ONDK stock price was $4.35 and low was $3.80.
  • 90 day high was $5.69 and low was $3.80.
  • 52 week high for On Deck Capital Inc - $9.41 and low - $3.80.
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Trend

On Deck Capital Inc lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -24.85% during the next 3 months and, with 90% probability hold a price between $2.43 and $3.28 at the end of this period.

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Signals

Some negative signals were issued as well, and these may have some influence on the near short-term development. On Deck Capital Inc holds a buy signal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $4.08. On a fall, the stock will find some support from the short-term average at $3.95. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. A sales signal was issued from a pivot top point on Thursday July 18, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

A sell signal from a double top formation was found on Thursday July 18, 2019 and based on theory for this formation the price should fall by -0.05% to $3.94 within 2 trading days since signal was issued (Monday July 22, 2019).

Relative Strength Index (RSI)

RSImin/max Values: [ 25 - 75 ]

RSI14 is 38 and the stock is currently not being overbought or oversold

* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.

Support & Resistance

On Deck Capital Inc finds support from accumulated volume at $3.94.

Support: $3.94 Price: $3.96 Resistance: $4.02

Risk

In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.

Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.

4.00 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Sell Candidate Downgraded

Evaluation

On Deck Capital Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Stronger Sell Today ONDK ranks #4473 as SELL CANDIDATE #4473 Weaker Sell

Will ONDK stock price go up or down on Mon, 22 Jul 2019?

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